This building is 116 unit hotel/apartment complex: building is two-story concrete block/brick: second floor is concrete: each unit is 300 ft.² MOL efficiency apartments: new roof in 2024: building is being totally remodeled and has land to build on an additional 100 units MOL: you can rent these units by the day, week, month, or year: if you rent by the week at $350 per unit proforma income is $2,111,200 with the expenses at $844,480 and your net income will be $1,266,720
Listing courtesy of GREAT AMERICAN REALTY.
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